Our hope is to find ways to increase cashflow with this property short term and reduce our bleeding, and also consider the cost associated to implement.The property is 2 units fully occupied. 1 tenant already rents out our garage for an extra cost, the other tenants are left with no additional storage outside their unit.

He offered to give us the 2% buyer agent fee toward our closing costs if we don’t use a realtor.

While you do pay a fund management fee the diversification provided by the fund more than offsets the minimal cost.

@Marcus Auerbach  You could just give them the bill upfront for what the repair is going to cost.

It's the "easy button" in that it requires very little work, but it will cost you more than it's worth and scaling will be slow, if at all.My recommendations:1.

Hello All, I am not sure if there is a rule of thumb to how much a design should cost but I received an estimate of $23K for Civil engineering work (site plan, storm drainage plan, site grading, soil erosion & utility plan), $25k for  Architectural and structural and $11K for MEP for 12 units townhouse (2 bed and 2.5 bath) on a slab. 

Lower cost of entry, landlord friendly, low property taxes, no state income tax and only a few hours from NorCal.

Tampa has about 5% more appreciation per year but much worse cash flow and higher construction costs due to hurricane and higher insurance both amazing markets. 

The catch is, it would cost us ALL of our savings...

Then you put all of your income toward the HELOC and try to depress the balance as much as possible all month.